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    1113 S Madison Ave Anderson, IN 46016

    For Sale
    $165,000

    Mixed Use - Anderson, IN

    Type:Mixed Use
    Property size:
    2,100 SF
    Lot size:
    0.39 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 1113 S Madison Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    B-1 (General Business)
    APN
    481114101079000003
    Size
    2,100 SF
    Lot size
    0.39 Acres

    Building Details

    Year built
    2001
    Roof type
    Metal
    Architectural style
    Other

    RE/MAX Real Estate Solutions (765) 640-1900 [email protected]

    Listing agent Jim Bittner (765) 640-1900 License #RB14043091

    Listing date Oct 30, 2025

    MLS# 22040724 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Anderson Mixed-Use Building For Sale

    This 2,100 square foot mixed-use building, constructed in 2001, is zoned B-1 (General Business). Situated on the southwest corner of Madison Avenue and 11th Street, the property features curb cuts and gates on both streets. The lot is fully fenced, and the paved parking area can accommodate approximately 20 to 30 vehicles. While all utilities are on-site, the building currently lacks heating, cooling, and plumbing. The building has been used for storage for several years. The property is located in Anderson, Indiana, and has a lot size of 0.39 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.692254297526
    Latitude
    40.104812364088

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    FAQs

    What type of property is this?
    Mixed-use property - 2,100 SF mixed-use building on Madison Avenue corridor.
    Where is this mixed-use property located?
    The property is located at 1113 S Madison Ave Anderson, IN.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Zoned B-1 (General Business) on busy Madison Avenue corridor.; - Large paved parking lot accommodating 20-30 vehicles.; - Prime corner lot location at Madison Ave and 11th Street with curb cuts and gates on both streets.
    (765) 640-1900
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    Anderson, IN 46016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1113 S Madison Ave Anderson, IN 46016
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